Minaean SP Construction (TSXV:MSP) Total Assets : C$0.09 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Minaean SP Construction Total Assets?

Minaean SP Construction's Total Assets for the quarter that ended in Dec. 2023 was C$0.09 Mil.

During the past 12 months, Minaean SP Construction's average Total Assets Growth Rate was -91.80% per year. During the past 3 years, the average Total Assets Growth Rate was -66.80% per year. During the past 5 years, the average Total Assets Growth Rate was -41.90% per year. During the past 10 years, the average Total Assets Growth Rate was -8.30% per year.

During the past 13 years, Minaean SP Construction's highest 3-Year average Total Assets Growth Rate was 822.10%. The lowest was -66.80%. And the median was 3.70%.

Total Assets is connected with ROA %. Minaean SP Construction's annualized ROA % for the quarter that ended in Dec. 2023 was -302.33%. Total Assets is also linked to Revenue through Asset Turnover. Minaean SP Construction's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Minaean SP Construction Total Assets Historical Data

The historical data trend for Minaean SP Construction's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Minaean SP Construction Total Assets Chart

Minaean SP Construction Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

1.29

1.37

1.33

0.66

0.08

Minaean SP Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.60	0.08	0.09	0.09	0.09

Minaean SP Construction Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Minaean SP Construction's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	-0.771	+	0.852
	=	0.08

Minaean SP Construction's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	-0.919	+	1.005
	=	0.09

Minaean SP Construction (TSXV:MSP) Total Assets Explanation

Total Assets is connected with ROA %.

Minaean SP Construction's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.26	/	( (0.087	+	0.085)	/ 2 )
	=	-0.26	/	0.086
	=	-302.33 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Minaean SP Construction's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (0.087	+	0.085)	/ 2 )
=	0	/	0.086
=	0.00

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Minaean SP Construction Total Assets Related Terms

Thank you for viewing the detailed overview of Minaean SP Construction's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Minaean SP Construction (TSXV:MSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Minaean SP Construction Corp (TSXV:MSP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

NJAN:Germany

Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Royal Centre, Vancouver, BC, CAN, V6E 3P3

Website

http://www.minaean.com

Minaean SP Construction Corp is known for its light gauge steel components for the construction industry. The company specializes in Light Gauge Steel Quik-Build Systems and provides a variety of contracting services. Its services include EPC (Engineering, Procurement, Construction) as well as Design-Build capabilities in the residential, commercial, industrial, healthcare, and hospitality sectors.